The best way to learn about bitcoin, is to jump in and get several in your “pocket” to get a feel for how they work.
Despite the hype about how exactly difficult and dangerous it could be, getting bitcoins is a lot easier and safer than you may think. In plenty of ways, it really is probably easier than opening a merchant account at a normal bank. And, given what has been happening in the bank operating system, it really is probably safer too.
There are a few what to learn: getting and utilizing a software wallet, learning how exactly to send and receive money, learning how exactly to buy bitcoin from the person or an exchange.
Preparation
Before getting started, you will have to get yourself a wallet. You can certainly do this easily enough by registering with one of the exchanges that will host wallet for you. And, although I think you will want to have a number of exchange wallets eventually, you need to start with one all on your own computer both to have a better feel for bitcoin and as the exchanges are still experimental themselves. When we reach that stage of the discussion, I will be advising that you get in the habit of moving your money and coins off the exchanges or diversifying across exchanges to keep your money safe.
What is a wallet?
It is a solution to store your bitcoins. Specifically, it really is software that has been made to store bitcoin. It can be run on your pc, laptop, mobile device (except, up to now, Apple) and can also be made to store bitcoins on things like thumb drives. For anyone who is concerned about being hacked, then that is a good option. Even the Winklevoss* twins, who’ve millions invested in bitcoin, put their investment on hard disks which they then put into a safety deposit box.
*The Winklevoss twins are the ones who originally had the idea for a social networking site that became Facebook. They hired Mark Zuckerberg who took their idea as his own and became immensely rich.
What do 코인커뮤니티 need to know about having a bitcoin wallet on your computer?
Below you can download the initial bitcoin wallet, or client, in Windows or Mac format. They are not just wallets, but are actually part of the bitcoin network. They will receive, store, and send your bitcoins. It is possible to create a number of addresses with a click (an address is a number that appears like this: 1LyFcQatbg4BvT9gGTz6VdqqHKpPn5QBuk). You will notice a field where you could copy and paste a number like this from a person you would like to send money to and off it will go directly into that person’s wallet. You can even create a QR code that may let someone take a picture with an app on the phone and send you some bitcoin. It is perfectly safe to give these out – the address and QR code are both for my donations page. Feel absolve to donate!
NOTE: This sort of wallet acts both as a wallet for you personally and as the main bitcoin system. The reason why bitcoin works is that every transaction is broadcast and recorded as lots over the entire system (meaning that every transaction is confirmed and made irreversible by the network itself). Any computer with the proper software can be part of that system, checking and supporting the network. This wallet serves as your personal wallet and also as a support for that system. Therefore, be aware that it will take up 8-9 gigabytes of your computer’s memory. After you install the wallet, it will take as much as a day for the wallet to sync with the network. That is normal, does not harm your personal computer, and makes the system all together more secure, so it’s advisable.
Bitcoin Qt
The original wallet.
This is usually a full-featured wallet: create multiple addresses to receive bitcoins, send bitcoins easily, track transactions, and back up your wallet.
Outside of the time it requires to sync, this can be a very easy to use option.
Seek out Bitcoin Qt wallet download to find their site.
Armory
Runs on top of Bitcoi Qt, so it has each of the same syncing requirements.
Armory enables you to back up, encrypt, and the capability to store your bitcoins off line.
Search for Bitcoin Armory Wallet to find their site.
If you don’t want that much memory used or don’t desire to wait for your wallet to sync, there are good wallets that do not make you sync the entire history of bitcocin:
Multibit
A lightweight wallet that syncs quickly. This is very good for new users.
Seek out Bitcoin Multibit Wallet to find their site.
Electum
In addition to being quick and light, this wallet enables you to recover lost data using a passcode.
Seek out Bitcoin Electum Wallet to find their site.
After you get the wallet set up, take a few minutes clicking around. What to look for:
o There will be a full page that shows you how many bitcoins are in your wallet. Remember that bitcoins can be broken up into smaller pieces, so you might see a decimal with plenty of zeros after it. (Interesting note, 0.00000001 is one Satoshi, named following the pseudonymous creator of bitcoin).